Lend $100k on a deal for typical terms, but with the option to convert your loan into an equity stake in the future?

It also potentially still allows you cash flow for future capex on the property while not over leveraging yourself.

What are your future goals?

Data, data, data.We do NOT guess on appreciation, we have data and fact driven details, knowledge and insight of what the future is, the numbers, and fact based future casting for EVERYTHING including median home price etc.. 

When I asked IGMS if VRBO can see the bookings made on the direct booking website, IGMS said VRBO should not.Is there a way to avoid this in the future?

Future residents could essentially buy out their units and fund your build. 

I am in North Jersey and I don't know any architects who would add the plumbing line to their architectural plans for future billing and property management.

@Johnny SmithSame boat and we carry them over to future years.

For future reference, there are some threads about them here on BP.

Compare those owners with younger owners who have higher incomes and more desire to build large reserves for the future with the older folks who won't see the future and you can see the problem.